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Wall Street rises for 4th day on earnings season hopes

FXstreet.com (San Francisco) - The US stocks market closed higher on Tuesday as investors were confidence in a better than previously expected positive start to the Q2 earnings season.

Today's session has been the first 4-day streak for the Dow since April and the best close in the Nasdaq since 2000.

The Dow Jones advanced 75.65 points or 0.50% to finish the day at 15,300.34. The S&P 500 added 11.85 pts or 0.72% to 1,652.31. And the Nasdaq Composite closed the day at 3,504.26 after rising 19.43 pts or 0.56% so far today.

EUR/USD retracing off earlier lows

The EUR/USD foreign exchange rate successfully slowed its decline, which was plunging seemingly unchecked earlier today during US trading (1.2755 daily low).
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Session Recap: Euro & Pound declines on bad news

Both, the Euro and the Pound traded lower on Tuesday as the bad news in Europe spread the market. Firstly, the UK industrial production came below expectations sending the GBP/USD to break down the 2012 low at 1.4830 and reaching a fresh minimum since August 2010 at 1.4812.
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